Wisconsin Republicans managed to get the vote through without the Democrats, and do you know how? By taking all the financial parts out of the bill, and making it ONLY about collective bargaining. That kind of undermines their "this isn't about unions it's about fixing the budget" argument, don't you think?
I just... I can't even express myself right now, the words are not coming out. I just cannot believe the utter effing hypocrisy of this video. How dare Megyn Kelly say that teachers don't work as much as people on Wall Street?! It's incomprehensible that she could even make that comparison. I am seriously in shock.
That's how a lot of people felt when the health care bill passed.
ReplyDeleteTrue... But that's not the same as what I'm talking about here.
ReplyDeleteSeriously, that's the only comment you've gotten on this so far? I have to remedy that, even though I posted on your FB link. This whole situation makes me so upset. I still remember the first time I heard Megyn Kelly. I don't remember what she was talking about, but I was at the gym exercising and watching the tv. I got so mad I switched machines to watch a different channel.
ReplyDeleteI agree! I don't know how hard people on Wall Street work, but I do know how hard I work!
ReplyDeleteI have yet to see Megyn Kelly say something that doesn't make her look like an insane person. (To be fair, I don't watch her regularly, so who knows--maybe she's super reasonable the rest of the time. :) )
ReplyDeleteI have 2 words for this. Throw up. That's what it makes me feel like. I want to slap these people. And then throw up on them. They make me sick.
ReplyDeleteI had the same question as speterson, so I looked it up. Apparently Wall Street analysts and associates (the actual work done under those titles varies) work 60-80 hours per week, and more during earnings season (which is March through May when most companies release their previous year's earnings numbers).
ReplyDeleteThese are a couple of the links I found with interesting facts and opinions:
http://www.mergersandinquisitions.com/investment-banking-salaries-mcdonalds/
http://www.wallstreetoasis.com/forums/how-many-hours-does-a-research-analyst-work
That's interesting information, but I certainly don't think it shows that investment bankers work harder than teachers or deserve their salaries more. (And the information in that first link looks like it's based solely on the first year of a banker's career, which probably explains why the numbers are so drastically different from anything else I've seen.) Here's what I think:
ReplyDelete1. Teachers make a difference in people's lives, and what they do is completely incomparable to what an investment banker does. Their sacrifice is for the sake of their students, not to earn a six-figure salary.
2. Even with all those extra hours (because teachers also work overtime, and many average 60 hours even including the months that they're off in the summer), investment bankers make at least twice what the average teacher makes. This disparity only grows the longer an investment banker stays in their position.
http://www.careers-in-finance.com/ibsal.htm
If it were possible that a teacher could make a million dollars after ten years in their profession, much less $70 million, then maybe we could compare the two careers. As it is... Not even close.
I got this from some one else:
ReplyDeleteAre you sick of highly paid teachers?
Teachers' hefty salaries are driving up taxes, and they only work 9 or 10
months a year! It's time we put things in perspective and pay them for what they
do - babysit!
We can get that for less than minimum wage.
That's right. Let's give them $3.00 an hour and only the hours they worked;
not any of that silly planning time, or any time they spend before or after
school. That would be $19.50 a day (7:45 to 3:00 PM with 45 min. off for lunch
and plan-- that equals 6 1/2 hours).
Each parent should pay $19.50 a day for these teachers to baby-sit their
children. Now how many students do they teach in a day...maybe 30? So that's
$19.50 x 30 = $585.00 a day.
However, remember they only work 180 days a year!!! I am not going to pay them
for any vacations.
LET'S SEE....
That's $585 X 180= $105,300
per year. (Hold on! My calculator needs new batteries).
What about those special
education teachers and the ones with Master's degrees? Well, we could pay them
minimum wage ($7.75), and just to be fair, round it off to $8.00 an
hour. That would be $8 X 6 1/2 hours X 30 children X 180 days = $280,800 per
year.
Wait a minute -- there's
something wrong here! There sure is!
The average teacher's salary
(nation wide) is $50,000. $50,000/180 days
= $277.77/per day/30
students=$9.25/6.5 hours = $1.42 per hour per student--a very inexpensive
baby-sitter and they even EDUCATE your kids!) WHAT A DEAL!!!!
I wasn't comparing the value of the work they do, or how hard they work, or their salaries. I was just stating what I found about how much wall street people work.
ReplyDeleteI saw that on Facebook, Lis. Pretty great. :)
ReplyDeleteRemember that $50,000 a year is the national average. There are many teachers making much less than that each year. I was one of them, and there was not a member of my department that didn't have a second job to make ends meet. On that note three months off is a joke. Teacher meetings begin weeks before school does, and school gets out at least half way through that first month of summer break. So, teachers have one entire month off. Wow, that is exactly like those paid vacation days in other college degree professions. For any personal days within the school year, we are talking dentist appointments here, I paid to take it off. Can you say that of any wall street executive?
ReplyDelete